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Victoria Gold Corp T.VGCX

Alternate Symbol(s):  VITFF

Victoria Gold Corp. is a Canada-based gold mining company. The Company is engaged in the operation, exploration and acquisition of mineral properties. Its flagship asset is its 100% owned Dublin Gulch property, which includes the Eagle Gold Deposit, the Olive Deposit, Raven Gold Deposit, the Wolf Tungsten Deposit, the Potato Hills Trend, including the Nugget, Lynx, Popeye, Rex-Peso, East Potato Hills, Eagle West, Falcon, as well as other targets. The Dublin Gulch Project is situated in central Yukon, Canada, approximately 375 kilometers north of the capital city of Whitehorse. The property covers an area of approximately 555 square kilometers, is accessible by road year-round and is powered by the Yukon energy grid. The Eagle and Olive deposits include probable reserves of approximately 3.3 million ounces of gold from 155 million tons of ore with a grade of 0.65 grams of gold per ton. It also holds Brewery Creek property, as well as the Gold Dome and Grew Creek exploration properties.


TSX:VGCX - Post by User

Post by phoenix_traderon Nov 09, 2021 12:09pm
251 Views
Post# 34105210

I am really flummoxed why management stalls on the VGCX pr

I am really flummoxed why management stalls on the VGCX prVANCOUVER, BC / ACCESSWIRE / November 9, 2021 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN) is pleased to report that the AurMac drill program has expanded to three (3) drills working onsite with associated increases in drilling production. The Phase II 2021 AurMac exploration program continues to follow up on successful 2021 Phase I drilling at the Project which, since February of this year, has culminated in approximately 25,000 metres ("m") and over 120 diamond drill holes completed to date. With planned drilling of over 30,000 m, there will be assay results for well over 90 drill holes in the coming months.

The remainder of this calendar year will see a two-fold exploration focus at AurMac:

  1. Two diamond drill rigs targeted on continued growth of the Powerline Deposit through expansion of the on-going 100 m step-out grid-based drilling resulting in the definition of a much larger overall mineralized footprint of the Powerline deposit; which remains open in all directions, and
  2. One diamond drill concentrated on tighter spaced drilling towards refinement of the gold continuity modeling of the Powerline Deposit - towards an updated AurMac Gold Resource statement in 2022.

Diamond drilling at AurMac since the Q1 2020 maiden resource announcement stands at approximately 35,000 m - which has been targeted on potential resource expansion of the Airstrip Deposit (2020 drilling); and throughout 2021, the focus has been the rapid expansion of the mineralization footprint at the Powerline Deposit. It is anticipated that this season's exploration campaign will continue into December and will recommence in early 2022.

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